Costco Co-Founder Jeff Brotman Dies at 74

Brotman opened Costco's first warehouse with Jim Sinegal in 1983 in Seattle

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Jeff Brotman, co-founder and board chairman of Costco Wholesale Corp., is seen in this April 24, 2003, file photo.

Costco Wholesale Corp. has announced the death of its co-founder and board chairman Jeff Brotman. He was 74.

The warehouse club company said in a brief statement that Brotman died early Tuesday morning. The statement said the thoughts of Costco's board, management and employees are with Brotman's family. No other details were provided.

Brotman opened Costco's first warehouse with Jim Sinegal in 1983 in Seattle. Based in Issaquah, Washington, the company now operates 736 warehouses around the world, including 511 in the United States and Puerto Rico.

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